The popular video-editing tool had remained dark for much of the day on Monday even after TikTok returned in the wake of expected action from Trump. When the TikTok ban came into force on Sunday, January 19,
BEIJING (Reuters) - ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this year, much of which will be centred on artificial intelligence, two people briefed on the matter said.
The TikTok app is still not available in Google Play or Apple's App Store despite Trump's order halting the ban. Here's what's happening.
TikTok’s parent company ByteDance Ltd. has set aside 150 billion yuan ($20.64 billion) for its capital expenditure this year, and the bulk of that money will be spent on boosting its artificial intelligence capabilities, Reuters reported today.
Bill Ford, the CEO of ByteDance shareholder General Atlantic, said Wednesday he was confident that a deal will be reached to ensure TikTok stays online in the US — and suggested there may be
This significant investment demonstrates ByteDance's commitment to becoming a major player in the global AI landscape, even as the company grapples with uncertainty surrounding TikTok's future in the United States.
A looming ban on TikTok set to take effect on Sunday presents a multibillion-dollar headache for app store operators Apple and Google.
TikTok is no longer available in the United States —at least for now. But it’s not the only ByteDance-owned app that’s currently blocked for US-based users.
TikTok got a short reprieve to make a deal. Project Stargate, a $500B AI plan from OpenAI, Oracle, and Softbank, pushes Musk, Microsoft, aside. Google buys HTC VR tech.
UI-TARS understands graphical user interfaces (GUIs), applies reasoning and takes autonomous, step-by-step action.
There were 36 hours of mad frenzy as TikTok executives and lawyers sought and failed to get a last-minute reprieve from Biden — and then landed one from Trump.
ByteDance's Doubao 1.5 Pro follows the success of the AI company DeepSeek, which surprised the global tech community by introducing its own efficient AI model last year.